Boston, Massachusetts prices:$3,300 in 2000→$5,137.30 in 2020

Inflation in Massachusetts

Prices in Boston, 2000-2020 ($3,300)

According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts were
55.68% higher
in 2020 versus 2000 (a $1,837.30 difference in value).

Between 2000 and 2020:Boston experienced an average inflation rate of 2.24% per year.
This rate of change indicates significant inflation.
In other words, $3,300 in Boston in the year 2000 would cost $5,137.30 in 2020 for an equivalent purchase.
Compared to the overall inflation rate of 2.04% during this same period, inflation in Boston was
higher.

In the year 2000: Pricing changed by 4.29%, which is
above the average yearly
change in Boston during the 2000-2020 time period.
Compared to inflation for all items in 2000 (3.38%), inflation in Boston was
higher.

Price Inflation in Boston, Massachusetts since 1914

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
1919 (21.27%),
1918 (17.79%),
and 1920 (17.25%).

How to calculate the inflation rate for Boston, 2000-2020

Then plug in historical CPI values from above. The CPI for Boston, Massachusetts was 183.267 in the year 2000 and 285.302 in 2020:

285.302 / 183.267* $3,300 = $5,137.30

Therefore, according to U.S. Bureau of Labor Statistics, $3,300 in 2000 has the same "purchasing power" as $5,137.30 in 2020 (in the CPI category of Boston, Massachusetts).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Boston, Massachusetts in 1914. In addition to Boston, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.